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energy drilling policies to get at the national resources and of course, the big story that you mentioned, paul, is what's happening with right to work, it wasn't just michigan, sometimes we forget earlier indiana became a right to work state, too, so, two midwestern states that have traditionally been pretty heavily unionized moved to right to work and i wouldn't be surprised if next year we see a couple more states fall. >> interesting contrast in maryland and virginia, neighboring states. you have in virginia, a republican governor cutting taxes, cutting spending. in maryland, you have a liberal democratic governor who's raised tacks all kinds of taxes, income taxes, gas taxes sales taxes, you name it. as a result virginia has a job growth rate that is three times that of maryland. virginia has a lower unemployment rate. so you see that contrast and paul, i think in this election, it actually worked to the president's benefit in some of the swing states like o-ohio and virginia and you had the voters in the states experiencing above average growth thanks to the policies of republican g
on refills advaircopd.com. ♪ . adam: welcome back to "money". the energy information administration recently made a prediction that grabbed headlines around the world. the united states it said will become the world's top oil producer by the end of this decade, 2020 but the eia is taking serious heat for that bold call. the association for the study of peak oil and gas says the eia must revise its prediction, claiming it creates a misleading picture of u.s. energy supplies. did the eia complete completely overshoot or will it prove spot on? we have a editor of the 7s report. thanks for showing up. the eia said the united states is on track to do this but where are they getting it wrong? are they confusing u.s. energy overall with just oil or are they making some other flaw in their logic? >> hi, adam. that is exactly right. so it is feasible by the end of this decade that the united states could be the world's largest energy producer but not the world's largest oil producer and you can see that just through the numbers. saudi arabia produces about 10 million barrels per day. we produce about
and environmental friendliness. most data centers, by design, consume vast amounts of energy in an incongruously wasteful manner, interviews and documents show. >> that is right. we also point out that different plays in this industry behave differently. there is a range. we're talking about the typical data center. doing these digital tasks, everything from banks to big department stores -- the computers in these data centers typically are actually not doing anything but trying electricity, for the most part. most of the electricity -- the vast majority -- is powering a computer that is waiting for something to do. these things, once turned on -- we as consumers insist that this infrastructure always be available, and never run out of capacity. those computers are sitting there, just waiting for us to call upon them to do something. whether it is day or night, the dead of night when no one is asking for the service, or the middle of the day when everyone is, they're always on. it is a built-in way of operating in this industry. it has developed a lot of critics. >> you also write about their en
on 2016. when way come backna from -- when we6. come back from energy to c education, it is picked for the good news stories of the year. >>> well, just when you thought there wasn't all that much to cheer about in 2012, a panel is here with some good news. "wall street journal" editorial board member starts us off. what is your big good news of the year? >> it is a high energy story. >> just like you, high energy. >> basically we have through technology, the united states has discovered it has a huge amount of both shell oil and shell gas, and it can get it out of the ground. as i say thanks to technology. and that's not just a u.s. story. it is a north american story. there was a ton of oil in canada. there is the same geological formations in mexico. there is a lot of energy that can come upe'. the ceo of flor says there is at least $30 billion of potential c projects around the u.s. gulf of mexico. >> u people say by 2020 we could be self-sufficient in terms of providing most of the oil and the gas we get domestically. what are the implications of this for the larger economy?
will include west virginia in the conversation about energy. do have you any idea they would even be considered because of this? would it embarrass the obama administration into including west virginia? >> my guess or my observation about the administration, they are pretty shameless. i doubt we could embarrass them into were of anything. jackson has put through rule after rule, the damage that the economy with almost no environmental benefit. they are raising energy prices, and putting people out of work. and they are doing it, without any support in continental for this -- in congress for this, that is why they deliberated in second rate. and do everything behind people's backs, and not let the public know who they are talking. to i expect we'll find, when we see the 12,000 e-mails, we'll see a lot of private chatter with environmental pressure groups. and i think you know, it could be embarrassing. tom: myron thank you for joining us. congress -- republican congressman ben harper is joining me about that e-mail situation, congressman, do have you plans for lisa jackson to come before your c
energy. 4 million in tax credits for two and three real electric vehicles something tells me this is not an effort to get act of card in every garaged. maybe a segue. is anyone uses anymore? seriously, the money is for plug-in motorbikes. credits were extended for energy-efficient appliances. by a diesel and renewable diesel. there is a $59 million credit for algae growers. tax credits to encourage the production of cellulose biofuel. you know what, it's good when they came plexor industry. then there is tax-exempt financing for what is called the new york liberty zone, the area around the world trade center. goldman, ceo white blank fein says thank you very much for the special benefits. i guess that makes up for the smaller bonus pool. the list goes on and on, and there is a railroad operators, 2,202,000,000. unbelievable. here we are flirting with greek style public finances, and congress continues to line the pockets of their friends and family. i don't know about you, but there is some old acquaintances i would like to forget. coming up, more fiscal fallout from the fisc
are gathered here in the heart of our city, beneath a symbol of energy and life and hope for the world. you have decorated it with peace cranes and light. wishes and dreams, and most importantly your energy. and now, on behalf of the sisters of perpetual indulgence inc, we gather this energy and strength that we may send it to the nuns above and to give it to any and all that needs its strength. to release the energy of hope that this magnificent tree represents i will ask each and every one of you if you please every time you hear me say we say... you will evoke the words of harvey milk by saying as one group you got to give them hope. now please raise your hands towards the tree of hope and we say you got to give them hope. for all lgbtq young people struggling with bullies and intolerance, we say that you got to give them hope for all transgendered people fighting to live with dignity and respect. we say you got to give them hope. for all of those who seek to protect the rights of lgbtq people across the world, we say you got to give them hope. for our sick and elderly in need of a will
about america's energy, economy and environment. i'm greg dalton. in 1988, nasa scientist james hansen told a congressional hearing that it was 99% certain that burning fossil fuels was heating the earth's atmosphere. the next day, a new york times headline proclaimed, quote, global warming has begun, expert tells senate. a quarter century later, dr. hansen and other scientists are still striving to convince much of the united states that basic scientific observation -- seas are rising, glaciers are disappearing, floods are increasing. humans are the cause. about half of americans now accept that fact, 40% do not, according to gallup. over the next hour, we will discuss climate science communication, public policy and opinion, with james hansen and our live audience here at the commonwealth club of california in san francisco. today, dr. hansen is receiving the 2012 stephen schneider award for outstanding climate science communication bestowed by climate one. stephen schneider was a pioneering scientist at stanford who was involved in the formation of climate one that which is a sustai
energy problems how would you rate it? >> it is not a solution and it is wholly dependent on electric utilities and electric generation that can be dispatched. we can't count on wind. when demand is highest wind output is generally at its lowest. that's a big problem. gerri: irony, these anti-wind groups are growing in number. take a look at this. in the u.s. there are 100 groups. u.k., 200. europe, 500. what is going on? >> this is part of a growing global backlash against the wind industry. this is very successful rtraying itself as green. we produce green energy, green lech i very, reduce co2 emissions. when you look at countries around the world, australia, new zealand, huge backlash in ontio, we're seeing backlash against the large wind projects going in all over the place. gerri: talk about new york. you have an interesting example there. >> just last month lawyers here in new york filed lawsuits, 60 residents in herkimer county just north of albany, they filed a lawsuit saying these project, wind turbines, built within 1000 feet or so of residences are emitting all the noise, k
to me, gerri, here is an industry very successful portraying itself as green. we produce green energy. green energy, reduce co2 emissions. when you look at countries around the world, australia, new zealand, huge backlash in ontario, we're seeing backlash against the large wind projects going in all over the place. gerri: new york, you have an interesting example there. >> just last month lawyers filed in new york, lawsuits residents in herkimer county, north of albany, they filed a lawsuit, projects some are within 1,000 feet or so of residences emitting all noise, keeping them up and diminishing property values. they filed suit. it is indicative of the backlash. gerri: this is first time this will be heard in a court of law, the issue about the sound. >> in the u.s., yes. gerri: and seems to me, that is pollution. >> sure it is. that is the part, exposes the double-standard, gerri. it just drives me crazy. where is the sierra club? where is greenpeace, natural resources defense council, so-called environmental groups? why aren't they standing up for the small landowners? they are re
as to develop the unconventional fossil fuels because they're dirtier, you get less energy per unit carbon and you get all these other pollution, regional pollution. so we need to try to talk common sense into them and we've -- you know, we've done -- i've been arrested in the front of the white house because of the tar sands. and there are more and more people who are willing to stand up and protest against those. and i know i sound like a broken record, but just -- and i've realized that just trying to block an individual carbon source, although that's meritorious, it won't work if we don't have a price on carbon. >> yeah. and china will just -- all right. we're gonna invite your participation and, particularly, if you haven't had a chance to ask a question. and i'm gonna be assertive about -- i'm encouraging you to be brief and get to your question so we can get as many people to participate as possible. the line starts with our producer jane ann right there, and then i welcome your comments for dr. hansen. let's invite the audience participation. yes, welcome to climate one. >> thank y
but need more capital to get to the next level. exploration and production companies and energy that have done well and need capital. you can raise it or you can join forces with somebody else. very often the decision is to merge and not raise capital and take that risk. >> susie: and in tech what should they look for. tech is such a huge area we have a few seconds left what are your thoughts? >> look at the base companiesan. the kind of service that's county of victoria to their -- o their base line services. >> thanks bob, have a greatweek. bob pr profusek. >> susie: the price of gold fell slightly today, as the fiscal cliff drama in washington continues to weigh on markets and confidence. gold slipped almost $8 to $1,655. for the year, gold is up about 5%, half the gain in the s&p 500. but as erika miller reports, some gold bugs believe next year will be far better for the precious metal. >> reporter: if you got gold jewelry as a holiday gift, it may be more than something beautiful to wear. it may also prove to be a shining investment. some gold traders think the yellow metal could hi
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centers by design consume vast amounts of energy in an incon grewously wasteful manner, interviews and documents show. >> guest: that's right. yeah. and, um, we also point out that the different players in this industry do behave differently. so there are better players, and there are more wasteful players. there is a range. we started talking about the typical data center. the data centers that are using most of the energy out there doing these digital tasks, everything from banks to big department stores, and what i meant by that was that, um, the computers in these data centers typically are actually not doing anything but drawing electricity for the most part. most of the electricity, in fact, a large majority of the electricity that goes into a typical data center is really powering a computer that's waiting for something to do. and these things once they're turned on, because we as consumers insist that this infrastructure always be available and nebraska run out of -- and never run out of capacity, those computers are sitting there just waiting for us to call upon them to do
. boom. they are preserved. pretty good, right? there's more. and this one is for you renewable energy enthusists out there. the production tax credit has been extended for a whole year. that's a big deal and other kinds of renewables like biofuels, energy efficient homes also got funded as well as research for renewables which again is something that clean energy advocates have been pushing for. those things are what democrats got. what did the republicans get? well, not a whole lot. the debt ceiling was not resolved, so i suppose they got the ability to be able to still argue for cuts for the debt ceiling. so we'll put the debt ceiling in their camp, because they can still hold the country hostage that way, and they also defeated -- you remember that president obama had asked for $50 billion for an infrastructure bank in his first ask? infrastructure bank. and they also got that taken off of the table. so essentially that's a win. they got that taken away. by the way the infrastructure bank would have been a great thing for this country. so we didn't get absolute
are really getting a raw deal and the wind energy companies of course are making handsome profits but these individual landowners are getting the short end of the stick. >> i wouldn't be happy if one of those set up next to me. >> you certainly would not. gerri: let me ask you about something called the energy strategy council. >> right. gerri: they're suggesti starting a national energy strategy council. >> sure. gerri: would come up with a policy, soup-to-nuts, every federal agency gets involved. possible? >> sure it is possible. this is the federal government after all but, what bothers me is that there are, this idea that we'll have a quadrennial review, a 4-year plan just like the pentagon. i don't know that is the best model to work on. gerri: i have to ask you about b today. >> sure. gerri: because there's big news coming from bp. the federal government says you're disqualified from winning new contracts. here's bp statement. suspension that is due to bp's lack of business integrity as dep straighted by the company's conduct with regard to the deepwater horizon blowout expl
in emissions. if there are more people on the planet burning carbon for energy, we will be adding more carbon to the atmosphere. on the other hand, people who are living in a western-style exist then use a lot more energy than people in the developing world. one of the terms in the product of terms from which we deduce future carbon emissions is global population. we tend to believe the global population will stabilize with 10 billion people by the middle of the century because the developing world will take on some of the characteristics of the western world in terms of their rate of production, for example. when you look at some of those projections, built into many of them is the assumption that the global population will eventually stabilize. if it does not do that, it means that the problem is even worse. that is the key uncertainty, the wild card. >> the bottom-line is a really nice where people are in the world, but how many people want a u.s. lifestyle. >> thomas rÜgen talks about an america that has 3 billion people. >> my name is wayne rauf. it is -- wayne rth. what will it take to
be across the board for everybody and, in the energy area, if take really come down hard on fracking which has been a very important asset for our country. >> all right, sorry we have to leave it there. an interesting conversation. thank you very much wane. best wishes for the new your. wayne kaufman of john thomas financial. thanks a lot >> susie: the fiscal cliff isn't the only drama playing out for the u.s. economy: there's also the "container cliff". 14 ports along the u.s. east and gulf coasts are at risk of closing if longshoremen and the international maritime alliance cannot reach a deal by saturday. federal mediators have been called in to help with last minute negotiations. at the heart of the dispute: container royalties. those fees charged to shippers were implemented in the 1960s to help dock workers displaced by technology. the maritime alliance wants the royalties capped. earlier this month a port strike in southern california, cost an estimated $1 billion a day. netflix is blaming problems at its web service provider, amazon for a server outage that took down its streaming
their stake in the energy business. energy was once a popular investment on wall street. in 2008, big banks were so involved in the market that banks powered an estimated 2 out of every 5 residential customers. however, lower prices and more regulation following the enron collapse are causing firms to take a step back from the business. recently, federal regulators banned jpmorgan chase from selling electricity for 6 months. it's part of an investigation that the bank manipulated energy prices in some parts of the u.s. the holiday parties are winding down on wall street. several financial firms in new york called off holiday events or scaled back. report say morgan stanely and credit suisse did not sponsor parties. citigroup, deutche bank, barclays and the investment banking unit of bank of america left it up to individual departments to pay out of their own accounts. back in the day, as in before the financial crisis, wall street firms rented out nightclubs and steakhouses in midtown for holiday celebrations. the u.s. government is calling in the national academy of sciences for yet anothe
to save someone's soul. he in turn was drawn to her strength, her moral core, herd driving energy and her unwavering ambition and her drive, but within a short time she realized he was an incorrigible drunk, and despite his own international celebrity, she could not bear her rising fame. rebecca west who have meant constant in 1921, whom jim spoke about in his introduction, and later when dorothy was the chief of the bureau in berlin was as courageous as her american trend, possibly more so spirits intent on breaking through that concrete ceiling of male dominated the literature and journalism they both were intent on confronting the pivotal issues of their time head-on, and they would remain friends of their lives. it was as humble as a beginning as dorothy. she was born sicily isabel on the a outskirts of london in 18922 space thailand mother with musical aspirations in a truly gifted journalist father when she abandoned them to poverty. she was both devastated and in the liberated. as angry as she was, she liked thompson was able to convince herself. naughty and rebellious ms. fairfiel
recording my debut album. how you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. >>> time for the plaza ambush makeovers with two lucky ladies are surprised with a hot new look. >> working their magic as always, >> "today" contributor and stylist to the stars louis lacari. he's in cam mowed camo today b the way. and jill martin, how was it out there in the crowd? >> it was a great crowd, and we found two really pretty ladies. this is not so much of an ambush makeover but
to get to the next level. exploration and production companies and energy that have done well and need capital. you can raise it or you can join forces with somebody else. very often the decision is to merge and not raise capital and take that risk. >> susie: and in tech what should they look for. tech is such a huge area we have a few seconds left what are your thoughts? >> look at the base companiesand the peripherals they need. the kind of service that's county of victoria to their -- connect to their base line services. >> thanks bob have a greatweekend. bob pro profusek. >> susie: the price of gold fell slightly today, as the fiscal cliff drama in washington continues to weigh on markets and confidence. gold slipped almost $8 to $1,655. for the year, gold is up about 5% half the gain in the s&p 500. but as erika miller reports some gold bugs believe next year will be far better for the precious metal. >> reporter: if you got gold jewelry as a holiday gift, it may be more than something beautiful to wear. it may also prove to be a shining investment. some gold traders think the yel
that kind of lodge quick from a ceo, particularly from a an industry giant. speaking of energy industry giants now that the election is over what will happen with the keystone xl pipeline? it is planned to stretch from canada to the gulf of mexico and has been plagued with controversy since day one. construction on the southern leg is underway but the northern section is still up for debate. transcanada hopes its most recently revised route will ease concerns over nebraska's environmentally sensitive sand hills region and i had a chance to ask ceo russ germing to lay out the details. tell me about the route. hopefully we can put the picture up again. there are a quite a few little loops along the way to make sure it doesn't touch this environmentally sensitive area. in a way are you sort of calling the president's bluff, saying, well, we have done everything we're supposed to, now approve it? >> i think we've done that, we've done everything that we are supposed to do for the whole process that started well over four years ago. and, this is just the latest, you know, adjustments we made
album. how you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. we don't let frequent heartburn come between us and what we love. so if you're one of them people whgets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur gerri: big tax hikes set to take effect on january 1. what is the most important one to worry about? we will tell you after the break. stay with us gerri: you make it, they take it. 23.8% is the raise that policymakers will see on capital gains. chris edwards joins me now. he is director for tax policy studies at the cato institute. i would like to show people what we're talking about. he gets confusing for people. we have a current tax rate, 15%. on january 1, the capital gains tax rate will jump to 23.8%. i talked to a lot of my friends and they say that's not a big dumb. what you say? >> it is a big jump. if you add state taxes on top of that, the united states will be up to 20%.
of stat in the senate, but someone doing energy invest in bali. >> reporter: for nearly 15 years he's hand-picked the group. every year he compiles the best in books, film and movies. members on the list agreed to react with their top picks, too. >> it's really who is really a culture maven. who is going to the movies every weekend like i am. who is reading the most books. any kind of books. >> i think there are a lot of people on the list who feel that they really need to bring their a-game to the list. >> jody arlington heads pr and has been on the list for five years. >> i love reading everyone's responses and discovering -- basically discovering new work. and also sharing the things that have inspired me. >> but who else has action? john leibowitz, and jeff berman, general manager of media for the nfl. tom rosensteel is among them. >> that's actually one of the astonishing things about this, is that it is at once intimidating and a little pompous, and also people are willing to say anything, even to strangers. >> reporter: members who fail to supply with their thoughts risk being cut.
on the mileage stickers on cars. it improves our energy efficiency. that's a good thing. that is spurring growth. but the kind of reforms we have on wall street have not solved the problem. look at what happened last week's at usb, not only wild and irresponsible behavior, but then we have attorney general holder determining that he general holderubs the fullest -- attorney general holders a betty cannot prosecute ubs because he is afraid ubs is too big to shut down and would destroy financial markets. i thought dodd-frank was supposed to fix that. what was so disconcerting was the democrats did not join senator grassley in their u.n outcry about that protect the integrity of financial markets. it is something that should be bipartisan. but it is not, apparently. that is an example of regulation cannot afford. not all it is it is expensive, it's keeping people from getting loans, and it is impeding economic growth, which we need to pay for that column i talked about. host: on twitter -- guest: it is not. it is something people gravitate to because they use a rhetorical device to say there's a wa
extend tax credits for clean energy companies that are creating jobs, it would extend unemployment insurance to 2 million americans who are actively looking for jobs out there. i have to say that ever since i took office, throughout the campaign, and over the last couple of months, my preference would have been to solve all these problems in the context of a larger agreement, a bigger deal, a grand bargain or whatever you want to call it, that solves the deficit problems in a balanced and responsible way that does not just deal with taxes but also spending so that we can put all this behind us and focus on growing our economy. with this congress, that was obviously too much to hope for at this time. [laughter] maybe we can do it in stages. we will solve this problem instead in several steps. in 2011, we started reducing the deficit through $1 trillion in spending cuts which have taken place. the agreement being worked on right now would further reduce the deficit by asking the wealthiest 2% of americans to pay higher taxes for the first time in two decades so that would add additio
energy is going to involve lots of investment, lots of jobs, lots of growth. what kind of growth? and in the long term there may be this question of. >> caller: an economy, can capitalism grow infin nightly? more immediately we have this subset of that question which is can we keep burning fossil fuels and the answer is no. >> and there's a nonenvironmental aspect to this. >> yeah. there are a lot of things that are wrong with gross domestic product. bobby kennedy talked about it in 1968 in which i keep going back and finding these kennedy quotes. it says, if we judge the united states of america by that, it counts air pollution and cigarette advertising and ambulances to clear away our highways of carnage yet the gross national product does not allow for the health of our children, the quality of education or joy of their play. in short, it measures everything except that which makes life worthwhile. it can tell us everything about america except why we are proud that we are americans. >> great quote from bobby kennedy. we're going to keep talking about growth, its limits, and h
into the small art gallery of public works. part of the energy of the venue comes from having that art gallery. having a small workshop with a few resident artists who work on art during the day. it provides a certain energy. when that moves on to the employees were working there during the night, coming in contact with patrons, you have a great start and a good experience. great talent, visuals, who have done the other thing for the most part. lots of responses. >> thank you. dmitri, while enhancing your out dope -- outdoor event, how important is the creative contact to make sure it you have customers who return over and over again? >> our creative content, you know, it is pretty out there. [laughter] >> sort of spices up the meeting. >> for us, i think the most important thing we are offering is something quintessentially san francisco. san francisco. something that they cannot find
? >> obama gives stimulus billions of dollars to fat cat friends with green energy companies like solyndra. >> eleanor? >> war in afghanistan. >> overreported. >> no, no, biggest government waste. >> biggest government waste. my material. clarence? susan? >> government junkets, the government service administration spent $800,000 for a conference in las vegas. >> clarence? >> tax cuts for millionaires and billionaires. >> . the biggest government waste is -- as we just heard is the war in afghanistan. the cause was to transform afghan society into a replication of the west. a known cause but unattainable. afghanistan is a failure. count let more shattered lives and an immense waste of money and national prestige. okay best government dollar spent, pat? >> the national weather service which like it or not gave us about a week's head start and head start warning that sandy was coming and probably saved thousands of lives when you consider the hurricane in galveston in 1906 killed 6,000 people. >> eleanor? >> obama care. >> susan? >> nasa. mars rover incredible technology. water purification.
% of the energy that the bulb generates is wasted. so what they replace them with are much more energy efficient bulbs that are just as bright and just as good and will actually save you money over the long run. >> traditional 60 and 40-watt bulbs will go away in 2014. you can buy compact fluorescent light bulbs or led bulbs instead. learn something new every day. >> right. >>> 4:54 is the time. good morning everyone. the clock ticking on 2012. coming up at 5:05. we'll go live to new york city for a look at how the city is preparing to ring in the new year. >>> first, putting speed cameras under the microscope. why maryland lawmakers may make some changes. >>> why you have to act qui >>> changes could be on the way for maryland's speed camera law. lawmakers plan to look closely at the law in the upcoming general assembly. they expect to tweak the state law allowing local governments to install the cameras. this comes as baltimore's speed camera program comes under intense scrutiny. the cameras have been issuing tickets to cars that are not speeding. including one that was stopped at a red light.
such as the research and development credit, and also, renewable energy incentives that must continue in this great country of ours. and bonus depreciation to encourage business investments. i want to emphasize this somewhat with in contrast to what our chairman has said. this legislation breaks the iron barrier that for far too long has prevented additional tax revenues from the very wealthiest. it raises $620 billion in revenue. achieving the president's goal of asking the wealthiest 2% of americans to pay more while protecting 98% of families. that is what it does. 97% -- i want to emphasize this, contrary to propaganda from the other side, 97% of a small business is protected from any tax increase. this needs to be emphasized, especially in view of your comments. this package is vital for future deficit-reduction efforts. setting the stage for a balanced approach from here on out. delaying sequestration. yesterday, president obama again said he is committed to deficit reduction. but he emphasized several times, and i " "we have got to do this in a balanced, responsible way, with additional reve
or the force of your energy? >> well energy without which there is nothing. so i was genetically very sound. i come from an energetic family. i came from a family that refused ever to to accept a fee. my grandfather was blind at the age of ten. he wanted to go to the senate which was an important place in those days. and he got there at the age of 38 being able to read. >> rose: and you would read to him? >> i read to him as a kid, i was brought up in his house. and i never ever felt sorry for myself because i would think of him. i had two eyes at least. so i had these examples in front of me of people who had overcome quite a lot. so i was -- that combined with energy. >> rose: what would you do different in the life that you have lived? >> i can't think of anything. i have done pretty much what i wanted to do. i'll give a little of advice out there for those who worry about their place in the world. always remember that it is of no consequence to you what people think of you. it's what you think of them. that's how you live your life.my >> you sometimes have tears of rapture, sometimes tears
and have enormous problems, but i don't think i've ever met someone who was a totally dark energy that had no humanity or sense of love or affection for anything in their life. that's very rare. but i think that as human beings we tend to compartmentalize, and we have a selective morality based on the situation we're in. and i think that's a very modern thing. it's a problem we have and that we cheat on our taxes and maybe we have a mistress on the side, but in this other area we're totally honest and straightforward and have a moral point of view that is consistent, and we think that's okay. but the moral decisions we make in one part of our life resonate through everything, and i think that's a lot of what we're talking about in this film as well. tavis: the characters are not the same, i want to be clear about that, but i was fascinated to go back through your corpus of work and i think i knew this, but i had forgotten it. you famously turned down the gordon gekko character, michael douglas played that. >> everyone asks me about that. first of all, no one could have done this better tha
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